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Brexit Myths Debunked

November 1, 2017 Craig Erlam 0

It’s been seven months since the U.K. triggered the two-year countdown to Britain’s exit from the European Union, but the path to Brexit remains murkier than ever as officials contradict each other.U.K. Prime Minister Theresa May voted to Remain but now pledges to deliver Brexit, while opposition leader Jeremy Corbyn’s views on the EU are ambivalent […]

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EUR Looking Bearish in Many Pairs (Video)

November 1, 2017 Craig Erlam 0

The most active pairing in the Euro is definitely the EURGBP. Brexit, ECB and BoE are all in the mix. Craig Erlam, Senior Market Analyst for Oanda discusses the technical layout of the currency and suggests that the Euro was overstretched leading in to the ECB meeting. However this is what was expected by the […]

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Eurozone Workforce Grows as Economy Gathers Momentum

October 24, 2017 Craig Erlam 0

The euro-area economy maintained its strong momentum at the start of the final quarter of this year, with rising workloads encouraging companies to take on new staff at the sharpest pace in more than a decade. A Purchasing Managers’ Index for manufacturing and services slipped to 55.9 in October from 56.7 in September, IHS Markit said […]

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Abe Remains Unpopular Despite Landslide Victory

October 23, 2017 Craig Erlam 0

Japanese Prime Minister Shinzo Abe won a key parliamentary election despite broad unpopularity among voters. But the electoral triumph isn’t expected to boost his ratings.A lack of a strong opposition helped his ruling coalition government, led by the conservative Liberal Democratic Party, retain its super majority in the lower house of parliament on Sunday. That’s […]

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Puigdemont Accuses Madrid of “Worst Attack Since the Dictatorship of Franco”

October 23, 2017 Craig Erlam 0

The Spanish Prime Minister’s move to take back some powers from Catalonia is the “worst attack since the dictatorship of Franco”, says the region’s leader.Carles Puigdemont was reacting to Mariano Rajoy’s announcement that he has approved implementing the previously unused Article 155 of the country’s constitution to assume control of the region to thwart secession […]

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UK and EU Not Even Half Way There on Brexit Bill

October 20, 2017 Craig Erlam 0

French President Emmanuel Macron said on Friday that work on settling Britain’s financial obligations to the EU when it leaves was not even halfway done.He said more than half the work remained to be completed on the crucial issue of Britain’s exit bill and that discussions could not move to the next phase on the […]

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CPI Eyed as Policy Makers Question December Hike

October 13, 2017 Craig Erlam 0

US Inflation Data Could Hold the Key to December Fed Rate Hike It’s been a relatively calm week for financial markets and yet, with indices continuing to trade at record highs there is plenty of reason for optimism. With the global economic outlook improving all the time, central banks have a new and equally difficult […]

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